Investing in Queenstown – a lifelong adventure

When selecting a property investment, it’s important to understand the market which will affect the value of your asset. Queenstown has long been lauded as one of the world’s premiere tourism destinations, a reputation that has spread beyond summer and winter to four-seasons appeal. For overseas investors there are very few barriers to purchasing. Freshwater is not subject to any special conditions upon purchase, making it a straightforward investment. Consider the facts when selecting your investment destination:

• Queenstown plays host to around two million visitors a year – 65% international and 35% domestic
• At the height of the winter and summer seasons visitors can outnumber locals three to one
• As of 2013 Census the resident population of the Queenstown-Lakes District was 28,440. This is projected to riseto 44,093 by 2031
• Queenstown is regularly awarded by prestigious travel publications including TripAdvisor, Lonely Planet, Conde Nast and Traveller’s Choice
• Queenstown Airport is under expansion and plans to introduce night flights
• It has an extremely high level of employment ensuring a fast-growing economy
• The total number of passengers into Queenstown Airport for the 12 months to August was up 12.4% on the previous year.
• The Queenstown Accommodation Centre (QAC) boasts a portfolio of over 700 properties and rental increases over the prior year amount to some 18%